IAN WATT YALETOWN VANCOUVER

An Asking Price for a Vancouver Condo on the MLS Does NOT Mean Market Value

Blog by Ian Watt | December 3rd, 2010

Vancouver Condo Real Estate Video Blog #627 - December 3, 2010

An Asking Price for a Vancouver Condo on the MLS Does NOT Mean Market Value

Ian Watt video blogs about how and asking price on the MLS for a Vancouver Condo does not establish the market value for your condo. If you want to voice your opinion or if you don't care for Ian's comments please email your feedback to ianwatt@ianwatt.ca and visit http://www.ianwatt.ca/RealEstateVideos for all the Ian Watt Real Estate Video Blogs.

Ian Watt: Hi, Good afternoon! It's Ian Watt in Downtown Vancouver.
I have blogged about this before but it never seizes to amaze me how
many people are hang up on asking prices. The asking price doesn't mean
what your condo is worth and some jack ass upstairs might have their
place on for a hundred thousand dollars more than the last sale doesn't
mean your place worth that price. Remember it's asking price only. Take
the average of all the ones in the area. Take off 10% that's probably a
good rule thumb to start with in this market. But my name is Ian Watt if
you want a real assessment on your place. You can always email me at ianwatt@ianwatt.ca. Thank you very much and have a great day!